6175 barker St

Niagara Falls | | L2G 1Y5
  • 7
  • 4
  • 0

$708,900

Est. Mtg $2,403 /mo
  • Days on market

    21

  • Status

    New

Listing Broker RE/MAX WEST REALTY INC.
Since listed: 1 views

Home details

MLS #:

X10365795

Property type:
Triplex
Style:
2 1/2 Storey
Taxes:
$3,758
Possession:
Lot Front:
40.0   Feet
Lot Depth:
181.0   Feet
Basement:
Apartment |
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


6175 barker St, , Niagara Falls, Ontario is a Triplex property in Niagara Falls and in the community in the L2G 1Y5 postal code


Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a strong investment opportunity, delivering consistent cash flow with three separate rental units and expansion potential Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living/dining area with decorative fireplace. Second-floor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash flow and significant growth potential. Contact us today to discuss this opportunity further or to schedule a viewing.

Extras

All existing appliances, light fixtures and window coverings, plus furnishings (that do not belong to the tenants}.


History

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List Date End Date List Price End Price Status MLS #
2024-11 2024-11 $708,900 $708,900 New X10365795

Comparables

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sold Date Address List Price sold Price DOM
2022-05 5592 Buchanan Ave, $989,000 $950,000 14

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Niagara Falls :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 6175 barker St

Based on available 3rd party data

$2851

Approximate costs per month

Mortgage
$2403 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$313 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX WEST REALTY INC.
Data Source: TRREB

Payment calculator

$2716 monthly. In association with: TD Bank
%
  • Principal and Interest
    2403 /mo
  • Property Taxes
    $313 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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